By THE PULSE NEWS MEXICO STAFF Since the start of the year, some food prices in Mexico have doubled, and others have increased by as much as 148 pecent, according the the National Institute of Statistics and Geography (Inegi). The price of avocados has increased by 45 percent since January, while onion prices are up 44 percent and tomatoes are
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador’s (AMLO) supposed “largest reforestation program in the world” is actually eroding the country’s rich rainforests, according to Greenpeace. In fact, the federal Sembrando Vida (Sowing Life) reforestation program is now the main cause of deforestation in Mexico, according to a report released by Greenpeace earlier this month. Half
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By THE PULSE NEWS MEXICO STAFF At the close of 2021’s third quarter, the share of Mexico’s economy that was informal increased by 14.16 percent, representing more than 31.4 million workers, according to the National Institute of Statistics and Geography (Inegi). That figures represents an increase of nearly 4 million more people added to the country’s informal economy this year.
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By KELIN DILLON According to new statistics, Mexico’s middle and upper classes were sharply cut in population due to the economic effects of the worldwide covid-19 pandemic, causing many to leave the country for more economically stable locations, while the lower class experienced a simultaneous population boom. The middle class’ proportional population dropped from 42.7 percent of the country’s total
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By THE PULSE NEWS MEXICO STAFF Mexico’s inflation rate hit 6.24 percent in October, its highest level since December 2017, the National Institute of Statistics and Geography (Inegi) said Monday, Nov. 8. The National Consumer Price Index (INPC) hike was above market forecasts, which had predicted an annual increase of 6.16 percent, according to a group of economic analysts consulted
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By THE PULSE NEWS MEXICO STAFF According to National Institute of Statistics and Geography (Inegi) figures, a total of 200,256 Mexicans died of covid-19 infections in 2020, a figure that is 34.7 percent higher than the 148,629 cases reported by the Public Health Secretariat (SSA) at the close of last year. The SSA figures only counted covid deaths that occurred
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By THE PULSE NEWS MEXICO STAFF Inflation in Mexico reached a record 6 percent in September, its highest level since April 2021, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Oct. 7. The rise in the National Consumer Price Index (INPC) was mainloy due to increases in food and energy prices. According to Inegi, inflation in Mexico
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By THE PULSE NEWS MEXICO STAFF Mexico’s Central Bank (Banxico) warned Thursday, Sept. 28, that the country will suffer higher inflation in the months ahead, raising its forecast for the close the year to 6.2 percent, up from its previous prediction of 5.7 percent. That new figure will constitute the highest level of Mexican inflation since December 2017, when it
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By THE PULSE NEWS MEXICO STAFF Mexico’s total exports amounted to $39.632 billion in August, representing a drop of 4.58 percent compared to the previous month, its biggest drop in 15 months, according to seasonally adjusted data from the National Institute of Statistics and Geography (Inegi). The nation’s imports also decreased in August to $42.829 billion, down 3.36 percent compared
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By THE PULSE NEWS MEXICO STAFF Mexico’s National Consumer Price Index (INPC) soared to 5.87 percent in the first half of September, its highest level since the first half of June, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Sept. 23 The index registered its highest level since the first half of the sixth month of this
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